Befar Group(06745.HK): IPO Subscription Opens Today; Entry Fee Around HK$3,626.21

NewTimeSpace News: Befar Group Co., Ltd (06745.HK) launches public offering subscription on 30 June, with each board lot consisting of 1,000 shares and an entry fee of approximately HK$3,626.21. The Company plans to offer roughly 352 million shares globally with the maximum indicative offer price capped at HK$3.59, and listing is expected on 10 July. Seven cornerstone investors including Beijing Yi’an & Huatai Capital Investment, Luhua Daosheng & Huatai Capital Investment, Aurora SF and China Hongqiao have been introduced. Calculated at the median offer price of HK$3.32, their aggregate subscription totals around US$49.8 million, accounting for approximately 33.41% of all Global Offer Shares.

NewTimeSpace News: Befar Group Co., Ltd (06745.HK) opens its public IPO subscription on 30 June 2026, and its listing is scheduled for 10 July 2026.

Per the prospectus, the maximum indicative offer price is HK$3.59 per share, with each board lot containing 1,000 shares and an entry fee of about HK$3,626.21. The total Global Offer Shares stand at approximately 352 million, of which roughly 35.21 million shares are allocated to the Hong Kong Public Offering, with an estimated fundraising scale of HK$1.102 billion.

For cornerstone placement, based on the median offer price of HK$3.32, the seven cornerstone investors and their committed amounts are as follows: Beijing Yi’an & Huatai Capital Investment (US$15 million), Luhua Daosheng & Huatai Capital Investment (US$6 million), Aurora SF (US$5.9 million), China Hongqiao (US$7.5 million), Hyperion Venture (US$2.9 million), Tiantu Capital (US$10 million) and Shengwei Investment (US$2.5 million). Collectively, they will subscribe for about 118 million shares with a total consideration of US$49.8 million, representing roughly 33.41% of the total Global Offer Shares.

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